Chelsea’s exit from the Champions League following Tuesday’s defeat to Real Madrid means the Blues won’t participate in the competition next season.

According to The Telegraph, Chelsea players signed by Todd Boehly this season will face the prospect of pay cuts of up to 30 per cent following Chelsea’s failure to qualify for the Champions League next season.

The Boehly-Clearlake Capital owners introduced a bonus system after buying Chelsea from Roman Abramovich, who only paid bonuses for winning trophies and did not include Champions League reduction clauses in contracts.

A number of players who joined Chelsea or who have signed new contracts since the takeover agreed to a variable salary scheme that saw a portion of their wages, as much as 30 per cent in some cases, tied to Champions League qualification.

Chelsea players still on contracts agreed under the Abramovich regime are guaranteed their full wages should they be at the club next season.

It is expected that any of the players from the Abramovich era who sign new contracts at Chelsea in the future will have to agree to the Champions League clause, so that the reductions impact the entire squad when the full transition period between ownerships has come to an end.

The Chelsea players that will see their salaries slashed are Enzo Fernandez, Mykhaylo Mudryk, Benoit Badiashile, Noni Madueke, David Datro Fofana and Malo Gusto, who will not be available to play until next season. 

Thiago Silva, Reece James, Cesar Azpilicueta, Ben Chilwell, Trevoh Chalobah, Armando Broja and Marcus Betinelli have all signed new contracts and will also be affected by the pay cuts.